Thursday, January 15, 2009

Newstrading Update: ECB Cut Rate by 50 Basis Points

Soon after the (Newstrader EA) program's exits, we saw the EUR/USD market did a major reversal of more than 150 pips. The program managed to make a lucky escape just in time. I was quite pleased with the fast scalp which in the end yielded a total of +58 pips.

News Event: ECB Press Conference
Long EUR/USD @ 1.3186 for +25 & 33 pips


1 comment:

clint said...

Thus, this day is great day for me but as what i have read in the internet i felt bad. This rate cut has a big impact to our country.